Capital B Doubles Down on Bitcoin as Treasury Grows to 3,139 BTC


Capital B Doubles Down on Bitcoin as Treasury Grows to 3,139 BTC


  • Capital B now holds 3,139 BTC after buying 4 more for €0.26M at €64,989 each.
  • Capital B’s 3,139 BTC were bought at ~$330M total, averaging $105,200 per BTC.
  • Capital B aims for 1% of all BTC by 2033 and is Europe’s first public BTC treasury.

Capital B, a French-listed business, has increased its Bitcoin holdings by purchasing four additional Bitcoins for 260,000 euros. 

This purchase increases the company’s total Bitcoin holdings to 3,139 BTC.

Capital B Executes New Spot Purchase

The firm successfully finalized the purchase of four additional spot coins to optimize its asset reserves. 

Capital B paid a total of 0.26 million Euros to obtain the latest micro-allocation. This sale went through at the exact market rate of 64,989 Euros per coin.

Moreover, it comes on the heels of a much bigger capital allocation process which ended only weeks ago. 

The firm previously secured roughly $20 million, or €17.15 million, through a private funding round. 

Consequently, Capital B immediately deployed 15 million dollars of those proceeds to buy 192 spot coins.

The deal broke the corporate portfolio’s “magic 3,100” number for the first time. 

In the end, these fast tactical manoeuvres underscore Capital B’s complete dedication to optimising the digital treasury.

This deal comes after the firm bought 192 BTC for $15.11 million at an average price of $78,700 per Bitcoin.

Inside the Cost of Capital B

A deeper look into the books reveals an impressive long-term dollar-cost averaging strategy by the management team. 

Investors should be mindful that the creation of Capital B’s massive treasury resulted from highly disciplined execution over multiple fiscal quarters. 

The total value of their holdings now represents a massive cumulative financial investment of some $330 million.

Thus, the average entry price comes out to a comfortable range of 105,117 to 105,249 dollars per unit. 

This particular cost structure demonstrates robust confidence in the face of macroeconomic changes and local market volatility across the crypto space. 

For this reason, Capital B serves as a prime model for European corporate treasury management.

Meanwhile, the large-scale global players are closely observing this price-base, to understand the level of institutional demand in Europe. 

The disciplined method enables the firm to manage risks to the short-term fluctuations of spot market prices. 

Therefore, Capital B provides a remarkably solid financial base to shield equity holders and create an upside potential.

Institutional Backing Powers Long-Term Vision

Heavyweight industry figures heavily supported the recent capital raise to accelerate corporate growth plans. 

For example, Blockstream CEO Adam Back and asset management giant TOBAM joined as key lead investors. 

Their participation lends immense credibility to the firm’s ongoing corporate Bitcoin treasury strategy.

Therefore, this robust support puts Capital B in a prime position to pursue its ultimate corporate goal in the long run. 

The bold company’s goal is to buy up 1% of the total Bitcoin supply by 2033. 

This clear roadmap highlights their supreme confidence in the asset’s future global purchasing power.

Lastly, the firm plays an unparalleled role as an early adopter in the region’s financial ecosystem. 

Capital B is Europe’s first publicly listed Bitcoin treasury company, listed on the Euronext Growth Paris exchange. 





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